Don't get me wrong, I hope that Blair does get up & go for some of the deeper, harder to get stuff. But I have seen companies in this situation before ie. the desperately cheap rights issue to squeeze the last drops out of the punters then a few good months as they rip out the pillars & snatch the remnant mining. Remember that they are not doing any waste development so of course all the mining costs are going into ore development & high grade airleg stoping.
All the best but I cannot justify the risk at this point.
I agree with the previous poster FXR is a much safer bet now that you-know-who has resigned.
beaware:289million new shares 1cent, page-13
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $13.73K | 1.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 7636857 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1734242 | 8 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |